Research on the impact path of new infrastructure on high quality economic development
Starting from the theory of total factor productivity measurement,based on panel data from 30 provinces and cities in China from 2003 to 2020,this study uses a combination of stochastic frontier model and intermediate variable method to explore the impact and mechanism of new infrastructure on high-quality economic development.The results show that new infrastructure investment has a promoting effect on high-quality economic development,and its main promotion role comes from information infrastructure.At present,China's high-quality development efficiency is showing a steady upward trend as a whole.New infrastructure investment can indirectly promote high-quality economic development through two channels:technological progress and consumption upgrading.
new infrastructuremediation effecthigh quality economic developmentstochastic frontier model